Ranking Environmental Aspects of Sustainable Tourism: Case of Selected European Countries

Abstract

The tourism industry is one of the fastest-growing industries today, and it is important to obtain insights into its good and bad practices. This will provide policymakers with as much information as possible to tailor specific policies to facilitate tourism and economic growth. The main purpose of this paper is a critical overview of the related research on the topic of evaluating sustainable tourism in European countries and extensive empirical research on achieving sustainable tourism. This research includes Grey Systems Theory (GST) as the main tool in evaluating the efficiency of sustainable tourism. Robustness checking is done via the multiple criteria decision making (MCDM) approach. Although the literature on tourism efficiency is vast, there is a smaller amount of research related to the approach taken in this paper. Thus, a comprehensive and insightful analysis will be done so that relevant and timely information can be obtained for the future decision-making process. Furthermore, a dynamic analysis will be provided so that changes in time can be observed and a detailed analysis can be made.